Shares Outstanding Shares Outstanding n/a Close	199.4M
Shares Change (YoY) Shares Change (YoY) n/a Close	-0.31%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	-0.31%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	31.27%
Shares Floating Shares Floating n/a Close	99.51M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	3,025
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.09%

Short Selling Information

The latest short interest is 6.67M, so 3.35% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	6.67M
Short % of Shares Out Short % of Shares Out n/a Close	3.35%
Short % of Float Short % of Float n/a Close	5.65%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	2.47

Valuation Ratios

The PE ratio is 8.02 and the forward PE ratio is 4.57. Golden Ocean's PEG ratio is 0.08.

PE Ratio PE Ratio n/a Close	8.02
Forward PE Forward PE n/a Close	4.57
PS Ratio PS Ratio n/a Close	1.85
Forward PS Forward PS n/a Close	0.7
PB Ratio PB Ratio n/a Close	0.94
P/FCF Ratio P/FCF Ratio n/a Close	6.79
PEG Ratio PEG Ratio n/a Close	0.08

Financial Ratio History

Enterprise Valuation

Golden Ocean has an Enterprise Value (EV) of 3.04B.

EV / Sales EV / Sales n/a Close	3.14
EV / EBITDA EV / EBITDA n/a Close	7.03
EV / EBIT EV / EBIT n/a Close	8.33
EV / FCF EV / FCF n/a Close	11.53

Financial Position

The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.73.

Current Ratio Current Ratio n/a Close	1.22
Quick Ratio Quick Ratio n/a Close	1.22
Debt / Equity Debt / Equity n/a Close	0.73
Debt / EBITDA Debt / EBITDA n/a Close	3.19
Debt / FCF Debt / FCF n/a Close	5.23
Interest Coverage Interest Coverage n/a Close	3.1

Financial Efficiency

Return on Equity is 11.75% and Return on Invested Capital is 9.56%.

Return on Equity Return on Equity n/a Close	11.75%
Return on Assets Return on Assets n/a Close	6.61%
Return on Invested Capital Return on Invested Capital n/a Close	9.56%
Revenue Per Employee Revenue Per Employee n/a Close	$22,009,545.45
Profits Per Employee Profits Per Employee n/a Close	$5,073,045.45
Employee Count Employee Count n/a Close	44
Asset Turnover Asset Turnover n/a Close	0.29
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	548K
Effective Tax Rate Effective Tax Rate n/a Close	0.24%

Stock Price Statistics

The stock price has increased by -38.05% in the last 52 weeks. The beta is 1.13, so Golden Ocean's price volatility has been higher than the market average.

Beta Beta n/a Close	1.13
52-Week Price Change 52-Week Price Change n/a Close	-38.05%
50-Day Moving Average 50-Day Moving Average n/a Close	7.54
200-Day Moving Average 200-Day Moving Average n/a Close	9.54
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	58.77
Average Volume (20 Days) Average Volume (20 Days) n/a Close	3,369,798

Income Statement

In the last 12 months, Golden Ocean had revenue of 968.42M and earned 223.21M in profits. Earnings per share was 1.12.

Revenue Revenue n/a Close	968.42M
Gross Profit Gross Profit n/a Close	458.84M
Operating Income Operating Income n/a Close	314.34M
Net Income Net Income n/a Close	223.21M
EBITDA EBITDA n/a Close	432.84M
EBIT EBIT n/a Close	292.91M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	1.12

Full Income Statement

Balance Sheet

The company has 129.11M in cash and 1.38B in debt, giving a net cash position of -1.25B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	129.11M
Total Debt Total Debt n/a Close	1.38B
Net Cash Net Cash n/a Close	-1.25B
Retained Earnings Retained Earnings n/a Close	320.85M
Total Assets Total Assets n/a Close	3.38B
Working Capital Working Capital n/a Close	52.15M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 365.3M and capital expenditures -101.45M, giving a free cash flow of 263.85M.

Operating Cash Flow Operating Cash Flow n/a Close	365.3M
Capital Expenditures Capital Expenditures n/a Close	-101.45M
Free Cash Flow Free Cash Flow n/a Close	263.85M
FCF Per Share FCF Per Share n/a Close	1.32

Full Cash Flow Statement

Margins

Gross margin is 47.38%, with operating and profit margins of 32.46% and 23.05%.

Gross Margin Gross Margin n/a Close	47.38%
Operating Margin Operating Margin n/a Close	32.46%
Pretax Margin Pretax Margin n/a Close	23.11%
Profit Margin Profit Margin n/a Close	23.05%
EBITDA Margin EBITDA Margin n/a Close	44.7%
EBIT Margin EBIT Margin n/a Close	32.46%
FCF Margin FCF Margin n/a Close	27.25%

Dividends & Yields

GOGL pays an annual dividend of $1.1, which amounts to a dividend yield of 10.34%.

Dividend Per Share Dividend Per Share n/a Close	$1.10
Dividend Yield Dividend Yield n/a Close	10.34%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	-50%
Payout Ratio Payout Ratio n/a Close	192.98%
Earnings Yield Earnings Yield n/a Close	12.46%
FCF Yield FCF Yield n/a Close	14.73%

Dividend Details

Analyst Forecast

The average price target for GOGL is $10.25, which is 28.8% higher than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$10.25
Price Target Difference Price Target Difference n/a Close	28.8%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	n/a
Lynch Upside Lynch Upside n/a Close	n/a
Graham Number Graham Number n/a Close	15.45
Graham Upside Graham Upside n/a Close	94.1%

Stock Splits

The last stock split was on Aug 1, 2016. It was a backward split with a ratio of 1:5.

Last Split Date Last Split Date n/a Close	Aug 1, 2016
Split Type Split Type n/a Close	backward
Split Ratio Split Ratio n/a Close	1:5

Scores

Altman Z-Score Altman Z-Score n/a Close	1.33
Piotroski F-Score Piotroski F-Score n/a Close	8